FX.co ★ SILVER M15: Bearish Symmetrical Triangle

According to the chart of M15, SILVER formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 29.23/29.42 and upper border is 29.60/29.42. The pattern width is measured on the chart at -366 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and SILVER breaches the lower border, the price could continue its move toward 29.40.